Mastercard Teams Up With Hi To Introduce CryptoPunks & BAYC NFT Themed Cards

Mastercard Teams Up With Hi To Bring CryptoPunks BAYC NFT Themed Cards

Say Hi to the world’s first-ever customizable NFT debit card. Mastercard, the world’s largest credit and debit card provider, alongside Visa, has joined forces with Hi, a crypto-centric bank with 3.5 million active customers despite minimal advertising, to bring a fresh wave of excitement to the crypto community.

Blue Chip NFTs to Dress the New Cards

The facades of the new Hi Mastercard will feature NFT avatars from collections such as Bored Ape Yacht Club, CryptoPunks, Moonbirds and more. In order for a user to qualify for the exclusive NFT card, their ownership of specified NFT must first be verified. The unique card designs will certainly stand out from the crowd, and serve as a physical badge denoting the holder’s investment in the Web 3.0 community.

Naturally, the funds held in the NFT-glossed card can be spent in a variety of ways, and will support both crypto and fiat currencies, including most popular stablecoins. Co-Founder of Hi Sean Rach is confident that the groundbreaking NFT card will be appreciated by customers: “The flexibility to spend fiat, stablecoins or other crypto, combined with attractive financial and lifestyle rewards, makes us confident that our card is a game-changer in the market.”

How to Obtain a Hi NFT Mastercard

The Hi app presents six different ways to obtain the new NFT Mastercard, typically relating to the form of membership held by a given customer. A user’s membership level is largely determined by the quantity of Hi’s native crypto currency, the Hi Dollar (HI), they have staked.

At the time of writing, the minimum required Hi Dollar (HI) stake amount is less than $10 worth, which makes joining the community-based banking app readily accessible for budding and veteran NFT enthusiasts alike. Other benefits of the programs offered by Hi include up to 10% cashback on spending, and rebates on digital subscriptions.

At press time, Hi’s native Hi Dollar (HI) token trades at $0.051503, according to CoinGecko. The $HI token has scored impressive gains of 20.4% over the last 7 days, notching 3.7% in the last 24 hours. As the project continues to expand, Hi aims to provide financial freedom to at least 1 billion users worldwide.

On the Flipside

  • NFT Card customization is only available to users with Gold tier membership and above.
  • In other words, a user must have staked 100,000 Hi Dollar (HI) to be considered eligible to apply.

Why You Should Care

Neobanks like Hi and Revolut are in high demand, as they offer people freedom of choice between fiat & crypto.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

Author

Tadas Klimasevskis is an author & reporter, focusing on the latest tendencies of the crypto galaxy. Tadas spends his time digging deeper into specific areas like coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art, and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.